Fragasso Financial Advisors Inc bought a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 26,219 shares of the company’s stock, valued at approximately $2,250,000.
Other large investors also recently made changes to their positions in the company. World Investment Advisors raised its stake in shares of Invesco S&P 500 Quality ETF by 0.6% during the first quarter. World Investment Advisors now owns 24,754 shares of the company’s stock valued at $1,861,000 after purchasing an additional 142 shares in the last quarter. Wisconsin Wealth Advisors LLC increased its stake in Invesco S&P 500 Quality ETF by 0.4% during the 3rd quarter. Wisconsin Wealth Advisors LLC now owns 38,424 shares of the company’s stock valued at $3,231,000 after buying an additional 149 shares during the period. GHP Investment Advisors Inc. increased its stake in Invesco S&P 500 Quality ETF by 0.5% during the 1st quarter. GHP Investment Advisors Inc. now owns 29,891 shares of the company’s stock valued at $2,247,000 after buying an additional 153 shares during the period. DBK Financial Counsel LLC increased its stake in Invesco S&P 500 Quality ETF by 0.4% during the 1st quarter. DBK Financial Counsel LLC now owns 44,727 shares of the company’s stock valued at $3,363,000 after buying an additional 165 shares during the period. Finally, Valeo Financial Advisors LLC raised its position in shares of Invesco S&P 500 Quality ETF by 3.4% during the 3rd quarter. Valeo Financial Advisors LLC now owns 5,009 shares of the company’s stock worth $421,000 after buying an additional 167 shares in the last quarter.
Invesco S&P 500 Quality ETF Stock Performance
Shares of SPHQ stock traded down $0.46 during midday trading on Tuesday, reaching $85.06. 420,869 shares of the company were exchanged, compared to its average volume of 1,607,885. The company’s 50 day moving average price is $85.34 and its two-hundred day moving average price is $84.15. The company has a market cap of $18.91 billion, a P/E ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 12 month low of $71.57 and a 12 month high of $90.36.
About Invesco S&P 500 Quality ETF
The Invesco S&P 500 Quality ETF (SPHQ) is an exchange-traded fund that is based on the S&P 500 Quality index. The fund tracks an index of US large-cap stocks selected by return on equity, changes in net operating assets and financial leverage. Stocks are weighted by these quality factors, scaled by market cap. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.
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